As the economy recovers, small businesses that want to expand are going to need capital. Applying for a loan, though, always works better if you lay the groundwork in advance. Here are suggestions from Ray Ono, vice chairman at First…
The state got just what it was expecting in its Christmas stocking. Unfortunately, it was another lump of coal – more bad news about the state of Hawaii Employee Retirement System, which covers both state and county employees. In its…
Let’s be upfront: Giving financial advice isn’t easy and it’s difficult to predict what will pan out as a great investment this year. That’s why we’ve asked a group of experienced investment professionals – each is on our list of…
ATCO Software’s Web-based technology lets users quickly make real-time reservations for restaurants, tours and attractions without picking up the phone. How it works Tourists can book online before arriving, or visit the hotel’s concierge desk or an ATCOKiosk. For example, the…
Many small businesses don’t have the budget to hire a marketing firm to disseminate information about new products, special promotions or upcoming events, so it’s important to know how to get the word out when you are your marketing team.…
It’s no secret that small businesses typically don’t qualify for the risk-assessment and loss-prevention counseling that large firms get from insurance companies. Big customers paying tens of thousands of dollars in premiums can get specialists to visit their businesses to…
As a board member of Aloha United Way and publisher of this magazine, I have been engaged in many conversations about AUW and its future. While it is clear from the November cover story, “The New Culture of Giving,” that…
Businesses must pay GET earlier, but state takes longer to cash checks For decades, the state has taken weeks on average – even months – to cash taxpayers’ checks. Now, with government-worker furloughs and restrictions on temporary hires, the check-cashing…
This fictional short story will be published in March in the local journal Bamboo Ridge I dunno how for respond to da boss’s question when she asks me, “What are you, some kind of Jedi?” I nevah intend for anybody see…
“When I look back on it,” says John D., the former executive director of a small but prominent nonprofit in Honolulu, “the board of directors just really didn’t understand what their role was.” He pauses for a moment, his face…
Hawaii’s people and businesses are as generous as ever, despite the economic slump. But how local people and businesses give is rapidly changing and that transformation has some nonprofit leaders heartened, while others are worried. Optimists welcome the decay of…
Hawaiian electric industries has maintained the remarkable record of paying dividends to shareholders for more than 100 years. But, lately, there’s something else that people may find remarkable. For the past three-and-a-half years, HEI has paid more in dividends than…
There’s no denying it’s been a brutal three years for Central Pacific Bank and its parent company, Central Pacific Financial Corp. The bank’s aspiration of grabbing more market share with its 2004 merger with City Bank has all but disappeared.…
Some people have the natural ability to speak with confidence in front of large audiences. For everyone else, Mark Blackburn, treasurer of Honolulu’s Downtown Business Association Toastmasters, offers tips on being a better public speaker. “It’s a real challenge, but…
It's been a dizzying year for Craig Carapelho, CEO of Honolulu-based Team Vision Virtual and honcho of what’s billed as the world’s first 3D travel Web site. In April, he completed a Series A round of investor financing, led prominently…
The old saying that “one person’s trash is another person’s treasure” holds true for Dana and Shaun Roberts. The owners of KonaRed are taking the red fruit of the whole coffee bean, which is usually thrown away, and processing it…
Douglas Smith, the president and CEO of Hawaiian Island Shine, was fortunate that when local sales began to slump because of the recession, his export business began to takeoff. His car-care products are now sold in six countries and he…
In March, the embattled Central Pacific Bank named John Dean as CEO and executive chairman. He has nearly 30 years of experience in the financial industry, including serving as CEO and chairman of Silicon Valley Bank. Q: You came to…
Successful events are a critical way of interacting with customers. Philip Richardson, CEO of Current Affairs, one of Hawaii’s most prestigious event-planning companies, offers advice on getting the most from your events. 1. Define your objectives “You’ve got to have…
Deep Ocean Hawaii is taking Hawaii’s most abundant resource — ocean water — desalinating it and selling the purified product in bulk to companies in countries like China, where water is polluted or in short supply. “Hawaii can become an…
There are many factors that determine where you buy your groceries: location, service, selection, and product quality. But price may be the most important, because everyone likes a deal. During three weeks in May, I visited 22 grocery stores all…
We saw what happened to Aloha Airlines when go! flew in and started a price war that…
Independent investor and author Kim Kiyosaki bought a single rental home in 1989 and has 2,000 today. Here’s how she did it. 1. Prepare well Invest in an area you’re familiar with, where you know the market. Also, read about…
Q. I’ve just sold some assets and am looking for good investments, but I don’t want to be taken in by the nextBernie Madoff. What should I watch for? A. Many investors share your concerns about protecting their hard-earned nest eggs…